Following a decade of low and unstable growth, Lesotho has a unique opportunity to build a new foundation for robust and inclusive development. As real GDP growth pivoted from a 6.3 percent expansion in 2012 to an 8.2 percent contraction in 2020, per capita income levels declined sharply, and Lesotho’s hopes of improving living standards slipped away. However, the country now has a chance to return to a convergence path, as the second phase of the...
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DETAILS
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2025/04/01
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Report
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200248
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1
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2025/04/07
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Disclosed
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Lesotho Economic Update 2025 : Transforming Fiscal Policy into an Engine of Inclusive Growth
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Citation
World Bank.
Lesotho Economic Update 2025 : Transforming Fiscal Policy into an Engine of Inclusive Growth (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099040325111028458